
For the period 1926-2016, U.S. Treasury bills always:
A) provided an annual rate of return that exceeded the annual inflation rate.
B) had an annual rate of return in excess of 1.2 percent.
C) provided a positive annual rate of return.
D) earned a higher annual rate of return than long-term government bonds.
E) had a greater variation in returns year-over-year than did long-term government bonds.
Correct Answer:
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